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Overview

The Maldives has enjoyed sustained growth, driven largely by its luxury tourism industry. In 2011, it graduated to middle-income status, and average incomes are now among the highest in South Asia. However, broad income disparities between the capital Malé and the outer islands remain.

Since 1978, ADB has been a major development partner of the Government of the Maldives. ADB has focused on capacity building in public sector financial management, and support for transport, energy, and micro, small, and medium-sized enterprises.

Fast Facts

0.43 (2013)
Population in millions

1.8% (2008-2013)
Average annual population growth rate

15.0% (2010)
Population living below the national poverty line

ADB Lending

Amount ($M) / %
Sector (No. of loans)
12.30 / 6.73
Education (2)
 
30.30 / 16.57
Energy (4)
 
12.00 / 6.56
Finance (2)
 
17.52 / 9.58
Industry and Trade (3)
 
32.18 / 17.60
Multisector (4)
 
41.50 / 22.70
Public Sector (3)
 
31.03 / 16.97
Transport and ICT (5)
 
6.00 / 3.28
Water Supply (1)
 
182.83 / 100.00
TOTAL (24)
Cumulative as of 31 December 2013